1Semana·

The problem with the many ideas

What does he want now? Well, anyone who has looked at my profile knows my goal. To turn €3,000 into €100,000 in 10 years without, and this is the decisive factor, making larger deposits.

This means that I need an annual increase in value of at least 45%. I therefore base all my investment decisions on this.

As the capital is still relatively limited, I have to make decisions more often and sell companies whose long-term potential I am convinced of in order to have capital for new investments that I believe will develop more quickly. So yesterday $3750 (+2,16%) with a not-so-high profit to make room for something new. I will come to this later in other posts.

29.08

375

Contemporary Amperex Technology Co., Limited Class H

Vendido em € 44,70

14 Comentários

Jarod@TradingHase

1Semana

That's a sporting goal. How much do you spend each month on increasing the stake or do you really only work with the stick of € 3000?

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Chris@Multibagger

1Semana

@TradingHase I started in April 23 and work almost exclusively with the stock. Only when my savings plans, which are around €250 a month, go a little short on the clearing account. But that's never more than €100.

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Manuel@Variett

1Semana

Good luck, in DE I would worry about the taxes eating away at you if you actively trade

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Chris@Multibagger

1Semana

@Variett Yes, that's a problem because you have to make around 25% more profit, so not 45% but around 55% per year. That's quite a challenge. But it also has an advantage. It's easier to realize losses and you don't have to hope for too long that things will go up again at some point.

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Klein-Anleger1@Klein-Anleger1

1Semana

Hi, unfortunately I often have that problem too xD Where are you on the way to your goal? You should probably be at 10-15k now, right?

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Chris@Multibagger

1Semana

@Klein-Anleger1 mathematically, at 45% per year, I should be at around €7,700 after 2.5 years. The current figure is €15,400. But I've written this here before. This is a snapshot and fluctuates greatly due to the high risk.

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Echsenkönig Atokarn@Bezehgombjuderstimme

1Semana

That's a stable target. Personally, that would be a bit too stressful for me with the increase in value. Since not every investment will work out, you have to constantly take higher risks and statistically I don't think you'll always be lucky over 10 years. But I think it's an interesting venture and I'm keeping my fingers crossed for you. Are you still doing well at the moment?

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Chris@Multibagger

1Semana

@Bezehgombjuderstimme At the moment I'm about 2 years ahead of schedule. Mathematically, I should be at €7,700 and am at €15,400 as of this morning. But you're right. The risk I have to take is high, a third of my portfolio is almost always invested in leveraged products and most of the shares are not blue chips. But it's a hobby and I enjoy it. If I end up with 75 or 80 TE, it's no big deal. Even in the event of a total loss, which won't happen, the €3,000 I've lost won't make me any richer or poorer at the end of my life.
Thanks for keeping your fingers crossed.

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Echsenkönig Atokarn@Bezehgombjuderstimme

1Semana

@Multibagger Oh well, you're doing really well. And as you say, even if it doesn't work out, you'll be a lot richer for the experience. In the long run, this will help you on many levels 👌🏻

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Chris@Multibagger

1Semana

@Bezehgombjuderstimme I no longer have such a long view. I'm already planning my retirement life. 😉😂 That correlates pretty closely with the expiry of the 10 years. Then I'll take TE 30 of it and try to make 1 million in another 10 years as a retirement hobby.
Let's see if it works!

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Echsenkönig Atokarn@Bezehgombjuderstimme

1Semana

@Multibagger I wish you all the best with your plan. Always keep a cool head and don't risk everything 😅

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Zottel@Zottel4Profit

1Semana

Hi Chris, I always find your posts super interesting. Thanks for that 🙂

One question: Why do you hold such a large position in BioNtech? Do you think the company is so good and do you see potential in the stock in the near future? What makes you think so?

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Chris@Multibagger

1Semana

@Zottel4Profit Yes, I am fully convinced of MRNA and believe that there are at least 2-3 blockbusters among the 16 cancer vaccine candidates in the pipeline. I expect a share price of 500$ by 2030

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Zottel@Zottel4Profit

1Semana

@Multibagger Aha :) Thanks for the answer, then I'll find out more there....

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